Author: Rudolph Harmon
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Grayscale Gains Ground as SEC Accepts Court Ruling on Bitcoin ETF
The SEC opts not to contest a court ruling favoring Grayscale’s Bitcoin ETF, potentially signaling a shift in cryptocurrency ETF regulation. Key Takeaways In a decision anticipated with bated breath, the US Securities and Exchange Commission (SEC) has reportedly chosen not to challenge a pivotal court ruling in favor of Grayscale Investments related to its…
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Crypto Firm CEO Admits Guilt in Elaborate Futures Fraud Conspiracy
Peter Kambolin, former CEO of Systematic Alpha Management, pleads guilty to a “cherry-picking” fraud conspiracy involving crypto futures, facing potential imprisonment. Key Takeaways In a significant unfolding in the crypto domain, Peter Kambolin, the erstwhile CEO of Systematic Alpha Management (SAM) LLC, based in Miami, has entered a guilty plea in a commodities fraud conspiracy…
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Ripple’s XRP Sales Spark Controversy Amidst Community Debate
Ripple’s XRP sales face community scrutiny as XRP’s value drops below $0.5. Advocates defend the restrained approach, while critics call for aggression. Key Takeaways Ripple, the digital payment protocol, finds itself at the center of a fiery dialogue within its user community following a slide in the value of its digital currency, XRP, to beneath…
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Swiss Banking Takes a Leap with R3 and XRP in Focus: Here’s the Full Insight
The XRP community was recently stirred by a tweet suggesting that the Swiss Central Bank might use XRP as a settlement token via the R3 network for its Central Bank Digital Currency (CBDC) operations. Key Takeaways XRP On Fire A tweet lit a speculative fire in the XRP community, hinting at the potential involvement of…
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Tezos and InQubeta Shine Amidst Cryptocurrency Market Chaos
In a volatile cryptocurrency market, Tezos (XTZ) and InQubeta (QUBE) offer potential opportunities. Key Takeaways As the cryptocurrency landscape navigates through choppy waters, Tezos (XTZ) and InQubeta (QUBE) surface as two digital assets providing glimmers of hope for traders and investors in the Web3 world. While crypto prices seesaw across the board, the resilience and…
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Binance CEO CZ in Legal Crosshairs as Brazilian Authorities Investigate Congressional Inquiry!
Binance CEO Changpeng Zhao and three executives face potential indictment in Brazil over allegations of fraudulent management, unauthorized operation, and securities trading. Key Takeaways In a consequential move that reverberates through the crypto industry, a Brazilian congressional committee has put forth recommendations to indict Binance CEO Changpeng “CZ” Zhao, alongside three other high-ranking executives from…
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Pioneering Blockchain Advocacy: Jimmy Nguyen Transforms Legal Acumen into Global Impact
Jimmy Nguyen, a USC Gould School of Law graduate (JD 1995), has leveraged his legal education into a successful career in blockchain advocacy. Key Takeaways Navigating a thrilling career from digital entertainment, fintech, and gaming to an emphatic advocacy for blockchain, Jimmy Nguyen’s journey symbolizes the potent symbiosis between legal education and technological entrepreneurship. Graduating…
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Binance Unveils Futures Copy Trading, Aiding Novice Traders to Mimic Experts’ Strategies
Binance has introduced copy trading for its futures products, allowing novice crypto traders to emulate strategies from experienced traders. Lead traders receive a 10% profit share and trading commission rebates from their followers while sharing insights on Binance Feed. Key Takeaways Binance, a preeminent name in the cryptocurrency exchange industry, has rolled out a futures…
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Bitcoin’s November Pivot: Analysts Eye Halving Cycle Repetition
Bitcoin’s recent sideways price action mirrors past halving cycles, sparking speculation of a November pivot towards a bullish upswing, as seen in previous halving years. The cryptocurrency market, particularly Bitcoin’s trajectory, is again under the analysts’ microscope as its recent price behavior shows uncanny resemblances with its past cycles. The leading digital currency has been…
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Ripple Distanced from XRP Ownership by Recent Court Ruling
A recent federal court ruling in the SEC v. Ripple lawsuit clarified that Ripple does not own the XRP Ledger (XRPL) and its native cryptocurrency, XRP. Key Takeaways News ContentThe widely-watched SEC vs. Ripple lawsuit witnessed a revealing development as a federal court elucidated that Ripple does not, contrary to widespread belief, own the XRP…